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Bitcoin (BTC) Just ~$1000 Away from Being A Trillion-Dollar Asset, CME Bitcoin Futures Trading Volume Hit Record $5 Billion

Earlier today, the world’s largest cryptocurrency Bitcoin (BTC) surged past $52,500 to hit its new all-time high. The latest BTC price rally comes as the world’s largest asset manager BlackRock announced its entry into Bitcoin on Wednesday, February 17. Interestingly, as Bitcoin touched its new all-time high today, it was just $1000 short of becoming

Earlier today, the world’s largest cryptocurrency Bitcoin (BTC) surged past $52,500 to hit its new all-time high. The latest BTC price rally comes as the world’s largest asset manager BlackRock announced its entry into Bitcoin on Wednesday, February 17. Interestingly, as Bitcoin touched its new all-time high today, it was just $1000 short of becoming

CME-Bitcoin-Futures-Open-Interest
Bitcoin News
CME-Bitcoin-Futures-Open-Interest
Bitcoin News

ETH-BTC Correlation Drops Below 50% Signalling Bull Run Ahead

In the latest development, crypto market analysts from Skew have stated that the ETH-BTC correlation has dropped below 50% for the first time since January 2018. The drop in the correlation indicates that we might be heading for a bull-run ahead very soon. The only time, the ETH-BTC correlation dropped below 0.5 was before the

In the latest development, crypto market analysts from Skew have stated that the ETH-BTC correlation has dropped below 50% for the first time since January 2018. The drop in the correlation indicates that we might be heading for a bull-run ahead very soon. The only time, the ETH-BTC correlation dropped below 0.5 was before the